Evrokommerts

History

2020: A seizure of property of the ex-management of bank for 4.8 billion rubles

As it became known on October 12, 2020, the Arbitration court of the Moscow district arrested property of the ex-management of Evrokommerts bank for the total amount of 4.8 billion rubles. Read more here.

2015: Revocation of license

The Bank of Russia revoked a license for banking operations is withdrawn at Evrokommerts bank since October 23, 2015.

It is noted that the Bank of Russia sets significant underestimation of credit risks and submission of the false reporting by bank. Proper assessment of credit risk upon the demand of supervisory authority revealed complete loss of own means of bank.

The Evrokommerts bank did not observe the requirement of the legislation and regulations of the Central Bank in the field of counteraction of legalization (washing) of income gained in the criminal way and to financing of terrorism regarding timely and high-quality information representation in authorized body. At the same time activity of credit institution was focused on carrying out doubtful transit transactions in large volumes, says bank.

According to data of the Central Bank, on the value of assets the Evrokommerts bank for October 1, 2015 took the 251st place in a banking system of Russia. The bank was a participant of deposit insurance system.

2007: Factoring market leadership

The Evrokommerts bank provided services in the field of commercial financing and was the leader of the Russian market of factoring in all key indicators:

• by the size of a factoring portfolio,
• to the volume of the conceded monetary claims,
• to the number of factoring clients (data of RAEX rating agency at the end of 2007).